September 26, 2023


Unlimited Technology

Stocks of the Week: Alphabet, Apple and Rivian

The Dow Jones Industrial Index stood at 32,944 heading into a new trading week.

That’s down 1.99% in the past week and 9.34% on a year-to-date basis.

Meanwhile, the S&P 500 is off 10.9% year to date; the Nasdaq Composite is down 17.6%; and the Russell 2000 index is of 12.1%.

None of the above is good news for investors, who are dealing with myriad market-related problems right now.

“The U.S. economy has received a double-barreled hit from the Russia-Ukraine war,” notes’s Dan Weil. “First the surge of commodity prices stemming from the conflict, particularly oil prices, will push inflation higher. Already consumer prices have soared 7.9% in the 12 months through February, a 40-year high.”

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